Led by M&A-expert Christian Ritschka, DORDA's Digital Industries Group assists on another important takeover in the Tech-Sector.
Netrisk Group is a leading provider of online price comparison services in Europe. With the acquisition of durchblicker, Austria's independent and market-leading online rate comparison portal, durchblicker becomes part of a fast-growing alliance of online price comparison platforms that already includes Netrisk.hu, Biztositas.hu, Klik.cz, Porovnej24.cz, Klik.sk, Netfinancie.sk and Edrauda.lt.
The share purchase agreement was signed on 15 December 2021. Closing is subject to the necessary regulatory and competition law approvals and expected in Q1/2022.
DORDA's Digital Industries Group, led by Christian Ritschka (partner, M&A), advised on all legal aspects of the transaction. Further members of the team are Heinrich Kühnert (partner, competition & antitrust), Patricia Backhausen (attorney, M&A), Mike Schaunig (associate, M&A), Bernhard Rieder (partner, corporate) Alexandra Ciarnau (attorney, data protection/IT/IP), Alona Klammer (associate, data protection/IT/IP), Sarah Pichler (associate, insurance), Christian Richter-Schöller (attorney, banking & capital markets), Günther Posch (attorney, labor law), Valerie Fandl (associate, public law), Markus Buchleitner (associate, real estate), Mirko Marjanovic (associate, competition & antitrust), Andreas Zahradnik (partner, banking), Tibor Varga (partner, finance) and Safiye Ünüvar (associate, finance).
Christian Ritschka: "Once again we were able to show our strong expertise and advise on an important acquisition in the tech-sector, I am delighted that Netrisk chose us to be part of this."
Netrisk Group was further advised by Orsolya Gorgenyi, Szecskay Attorneys at Law, as Hungarian local counsel.